IPOX® SPAC Index (SPAC)

The IPOX® SPAC Index is designed to track the aftermarket performance of Special Purpose Acquisition Companies (SPACs) which pursued initial public offerings (IPO) in the U.S. The index is an applied market-cap weighted index measuring the performance of the top publicly traded SPACs. The index is actively reconstituted and adjusted.

SPACs in Focus

Special Purpose Acquisition Companies (SPACs) are investment vehicles that have gained prominence in recent years as an alternative to traditional initial public offerings (IPOs). Also known as "blank check companies," SPACs raise capital through an IPO with the sole purpose of acquiring or merging with an existing private company, thereby taking it public.

Key features of SPACs include:

  1. Structure: A SPAC is formed by sponsors, typically experienced investors or industry experts, who seek to raise capital from public investors.

  2. IPO Process: The SPAC goes public, usually at $10 per unit, which often includes common stock and warrants.

  3. Target Acquisition: After the IPO, the SPAC has a limited timeframe (usually 18-24 months) to identify and complete a business combination with a target company.

  4. Investor Options: Prior to the merger, investors can choose to redeem their shares for their pro-rata portion of the trust account or remain invested in the combined entity.

For investors seeking exposure to the dynamic world of Special Purpose Acquisition Companies (SPACs), the IPOX® SPAC Index provides a unique, comprehensive solution. Its rules-based methodology and active reconstitution aim to systematically capture the performance of top publicly traded SPACs and selective de-SPACs, offering a diversified approach to this innovative market segment.

Contact info@ipox.com to learn more about licensing and investment opportunities
to gain exposure to the SPAC market through this actively managed index.